“The only way to get through that is to sell assets – and for many of them that means mortgage servicing rights,” Steve Harris of MIAC told Inside Mortgage Finance.

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...

The RIFs at BB&T started in December and more are expected...

Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.

Market sources said Seterus struggled to find new servicing clients to replace its dwindling contracts with Fannie Mae.

Market sources said Seterus struggled to find new servicing clients to replace its dwindling contracts with Fannie Mae.

However, Steve Harris, president of MIAC Capital Markets, said he sees a weak market when it comes to “franchise” deals.

Several brokerage firms are working on MSR transactions…

Declining profit margins and reduced production levels will push more inde-pendent mortgage companies to sell servicing. But falling interest rates might squash MSR prices.

Celink, a servicer of reverse mortgages, has agreed to pay the federal government $4.25 million for violating the False Claims Act...